Search results for 'Provision'

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Rediff.com1 days ago

Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.

SC to review anti-defection law's 'deemed merger' clause

SC to review anti-defection law's 'deemed merger' clause

Rediff.com5 days ago

The Supreme Court has agreed to hear a plea by senior advocate Kapil Sibal challenging the interpretation of the Tenth Schedule's 'deemed merger' provision, which allows MLAs and MPs to avoid disqualification under the anti-defection law, citing its 'huge repercussions on our polity'.

Delhi HC orders winding up of Paytm Payments Bank

Delhi HC orders winding up of Paytm Payments Bank

Rediff.com4 days ago

The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.

11-year-old rape survivor delivers baby girl in Haryana hospital

11-year-old rape survivor delivers baby girl in Haryana hospital

Rediff.com3 days ago

An 11-year-old rape survivor in Yamunanagar, Haryana, has given birth to a baby girl at the District Civil Hospital. Both the mother and baby are in stable condition. The minor's pregnancy was discovered in May, leading to the arrest of the accused under the POCSO Act. The family has consented to hand over the newborn to the Child Welfare Committee.

100% tariffs on India? US Senate backs Russia, Iran sanction bill

100% tariffs on India? US Senate backs Russia, Iran sanction bill

Rediff.com4 days ago

A bipartisan group of US Senators has agreed to fast-track a bill allowing the President to impose sanctions on major purchasers of oil from Russia and Iran. This legislation, known as the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, aims to restrict funding for Russia's war efforts and Iran's energy and weapons sectors, potentially impacting countries like China and India through tariffs and other restrictions.

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Dr Reddy's Labs plunges 69% to Rs 443 crore, hit by lenalidomide exit and semaglutide issues

Rediff.com23 Jul 2026

Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.

RS okays bill to make insulting Vande Mataram a criminal offence

RS okays bill to make insulting Vande Mataram a criminal offence

Rediff.com3 days ago

The Rajya Sabha has passed the Prevention of Insults to National Honour (Amendment) Bill, 2026, making insult to the national song 'Vande Mataram' a criminal offence. The bill, which also covers other national symbols, was passed amidst protests from opposition parties regarding the NEET paper leak. Union Minister Nityanand Rai criticised the opposition's stance, emphasising the song's historical significance and its role in national unity.

Vande Mataram bill is first to be passed by both houses in this session

Vande Mataram bill is first to be passed by both houses in this session

Rediff.com2 days ago

Parliament has passed The Prevention of Insults to National Honour (Amendment) Bill, 2026, making any insult to the national song Vande Mataram a criminal offence, punishable with imprisonment up to three years or a fine.

Is Nia Sharma Dating Sikander Singh?

Is Nia Sharma Dating Sikander Singh?

Rediff.com1 days ago

Rumours about Nia Sharma and Sikander Singh have been around for a while but neither of them has confirmed their relationship.

10-yr-jail, Rs 1 cr fine: Cabinet approves stricter anti-paper leak bill

10-yr-jail, Rs 1 cr fine: Cabinet approves stricter anti-paper leak bill

Rediff.com24 Jul 2026

The Union Cabinet has approved a draft bill to introduce stricter punishments for examination paper leaks, following Prime Minister Narendra Modi's announcement. This new legislation builds upon the Public Examinations (Prevention of Unfair Means) Act, 2024, aiming to curb cheating in public examinations conducted by various central agencies amidst recent controversies like the NEET and NET paper leaks.

CBDT releases comprehensive guidance for crypto-asset tax reporting

CBDT releases comprehensive guidance for crypto-asset tax reporting

Rediff.com6 days ago

The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.

Neha Dhupia Lives The 'Island Life'

Neha Dhupia Lives The 'Island Life'

Rediff.com4 days ago

Neha Dhupia shows everyone just what she does on a family vacation to Thailand.

The Way Siddharth Looks At Aditi...

The Way Siddharth Looks At Aditi...

Rediff.com3 days ago

Showstoppers Aditi Rao and Siddharth really make a cute couple... check them out on the India Couture Week runway.

Cognizant's Q2 net profit dips, firm slashes annual guidance amid global slowdown

Cognizant's Q2 net profit dips, firm slashes annual guidance amid global slowdown

Rediff.com3 days ago

Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.

SC refuses to revisit cryptic bail order, upholds accused's liberty

SC refuses to revisit cryptic bail order, upholds accused's liberty

Rediff.com1 days ago

The Supreme Court has ruled that cryptic bail orders need not be revisited, asserting that a person's liberty hinges on the prosecution's case rather than judicial inaccuracies. This observation came while rejecting the Uttarakhand government's appeal against bail granted to Abdul Malik in the Banbhoolpura violence case, with the court also questioning the invocation of the Unlawful Activities (Prevention) Act (UAPA).

Sobhita Is An Absolute Goddess In...

Sobhita Is An Absolute Goddess In...

Rediff.com3 days ago

The actor turned showstopper for Rahul Mishra's Devi collection at the India Couture Week 2026.

SC closes criminal case against Ex-PM Manmohan Singh in coal allocation case

SC closes criminal case against Ex-PM Manmohan Singh in coal allocation case

Rediff.com3 days ago

The Supreme Court has formally acquitted former Prime Minister Manmohan Singh in a high-profile coal block allocation case, setting aside a summoning order against him and accepting the CBI's closure report.

FIR against X handles for 'derogatory' posts targeting Modi

FIR against X handles for 'derogatory' posts targeting Modi

Rediff.com3 days ago

Delhi Police has registered an FIR against several social media handles on X for allegedly posting 'derogatory, malicious and defamatory content' targeting Prime Minister Narendra Modi, and has sought complete details of the account holders from the platform.

How China, US Crack Down on Paper Leaks

How China, US Crack Down on Paper Leaks

Rediff.com3 days ago

Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.

Under pressure, Modi issues midnight video message

Under pressure, Modi issues midnight video message

Rediff.com24 Jul 2026

Prime Minister Narendra Modi announced that a new bill with stringent provisions against paper leaks will be introduced in Parliament next week. The Union Cabinet will finalise the legislation, which aims to address the pain caused to students by such incidents, citing recent actions taken regarding the NEET paper leak and the establishment of fast-track courts.

Spain Star gets coach's face tattooed after World Cup

Spain Star gets coach's face tattooed after World Cup

Rediff.com4 days ago

Spain defender Marc Cucurella fulfilled his promise to get a tattoo of national team coach Luis de la Fuente's face after Spain won the World Cup. He had vowed to do so if they lifted the trophy, and after their victory against Argentina, he got an image of De la Fuente holding the World Cup inked on his arm.

'Desperate' Modi, 'pathetic' video: Cong slams PM over midnight address to nation

'Desperate' Modi, 'pathetic' video: Cong slams PM over midnight address to nation

Rediff.com24 Jul 2026

The Congress party has criticised Prime Minister Narendra Modi's recent video message on paper leaks as an 'eyewash', demanding the sacking of Union Education Minister Dharmendra Pradhan and accountability for the alleged brutality against student protestors. The party highlighted the government's initial denial of the NEET-UG 2026 leak and its perceived failure to address widespread irregularities.

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

10 years in jail, Rs 50 lakh fine: Govt tables new paper leak bill

Rediff.com5 days ago

Amidst widespread student protests over the NEET paper leak, the Indian government has introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, in the Lok Sabha. The bill proposes significantly stricter punishments, including jail terms of up to 10 years and fines of up to Rs 50 lakh for individuals involved in paper leaks, and up to Rs 10 crore for organised crimes, aiming to enhance transparency and fairness in public examinations.

Bill to expedite paper leak trials to be tabled in Parliament

Bill to expedite paper leak trials to be tabled in Parliament

Rediff.com7 days ago

India is set to introduce a new amendment to its anti-paper leak law in the Lok Sabha, aiming to establish fast-track courts across all states and union territories for swift trials and significantly harsher penalties for exam malpractices, including jail terms of 5 to 10 years and fines up to Rs 50 lakh for individuals, and up to Rs 10 crore for organised crimes.

When Janhvi Kapoor Carried Mum Sridevi's Legacy

When Janhvi Kapoor Carried Mum Sridevi's Legacy

Rediff.com1 days ago

'I worked with Sridevi ma'am on a Malayalam film in the early '90s, which only deepened my admiration for these incredible textiles and the culture they represent as she and I went shopping in Chennai.'

Gujarat Assembly Removes Terrorism Provisions from Crime Act

Gujarat Assembly Removes Terrorism Provisions from Crime Act

Rediff.com25 Mar 2026

The Gujarat legislative assembly has unanimously passed a bill amending the Gujarat Control of Terrorism and Organised Crime Act, 2015, to remove terrorism-related provisions. This change aligns the state law with the Bharatiya Nyaya Sanhita (BNS), 2023, which now comprehensively addresses terrorism, preventing overlap and ambiguity in legal proceedings.

'Jan shakti' will drag him out over student crackdown: Kharge slams Shah

'Jan shakti' will drag him out over student crackdown: Kharge slams Shah

Rediff.com2 days ago

Holding Home Minister Amit Shah responsible for alleged police brutalities on protesting students, Leader of the Opposition in the Rajya Sabha Mallikarjun Kharge on Thursday said that "Jan Shakti" (people's power) will "drag him out" one day to make him accountable.

Why EPFO Mandated 25% PF Balance

Why EPFO Mandated 25% PF Balance

Rediff.com17 Jul 2026

EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.

LS deadlock ends, parties agree to discuss anti-paper leak bill on Tuesday

LS deadlock ends, parties agree to discuss anti-paper leak bill on Tuesday

Rediff.com5 days ago

The Lok Sabha stalemate is expected to conclude as Speaker Om Birla has secured an agreement from all political parties to discuss the Public Examination (Prevention of Unfair Means) Amendment Bill 2026. This bill proposes stricter punishments, including up to 10 years in jail and a Rs 50 lakh fine, for paper leak offences, following recent nationwide student protests over the NEET fiasco.

SC judge recuses from DMK leader's bail hearing

SC judge recuses from DMK leader's bail hearing

Rediff.com1 days ago

Supreme Court Justice V Mohana has recused herself from hearing the anticipatory bail plea of DMK leader V Senthil Balaji in a new corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC). The plea, seeking pre-arrest bail, was filed after the Madras High Court dismissed Balaji's petition. The case involves a systematic cash-kickback scheme and overcharging at TASMAC retail shops.

What you need to know about new Anti-Paper Leak Amendment Bill

What you need to know about new Anti-Paper Leak Amendment Bill

Rediff.com3 days ago

The Public Examination (Prevention of Unfair Means) Amendment Bill, 2026, passed by the Lok Sabha, introduces significantly stricter punishments for individuals and organised groups involved in paper leaks and other unfair means in public examinations. The legislation aims to enhance the integrity of exams conducted by various central government agencies.

New EPF Rules Every Employee Must Know

New EPF Rules Every Employee Must Know

Rediff.com22 Jul 2026

The EPF should remain a retirement nest egg, not be turned into an emergency fund.

Modi posts fresh video on Instagram, thanks everyone for support

Modi posts fresh video on Instagram, thanks everyone for support

Rediff.com25 Jul 2026

Prime Minister Narendra Modi announced a new bill to introduce strict laws against paper leaks, following public demand and student protests. The announcement was made via an Instagram video that also set a new world record for views.

UP nursery teacher brands boy with heated knife for urinating in trousers

UP nursery teacher brands boy with heated knife for urinating in trousers

Rediff.com5 days ago

A nursery teacher in Varanasi allegedly branded a five-year-old boy with a heated knife after he urinated in his pants, reportedly due to being denied restroom access. An FIR has been registered against the teacher, principal, and school management following a complaint by the child's father.

Sebi tightens governance norms in post-Madhabi Buch era

Sebi tightens governance norms in post-Madhabi Buch era

Rediff.com16 Jul 2026

The Securities and Exchange Board of India (Sebi) has introduced a comprehensive new code of conduct for its board members, significantly tightening rules on conflict of interest, disclosures, recusals, and non-permitted investments, moving from broad ethical guidelines to a more prescriptive, compliance-driven regime.

Bhojshala row: SC to hear Muslim plea over alternate namaaz site on Friday

Bhojshala row: SC to hear Muslim plea over alternate namaaz site on Friday

Rediff.com22 Jul 2026

The Supreme Court agreed to hear on Friday a plea of the Muslim side alleging that the alternative site identified by the Madhya Pradesh government for offering namaaz was located too far from the disputed Bhojshala complex in Dhar.

RBI allows banks to link bulk deposit rates to liquidity profile

RBI allows banks to link bulk deposit rates to liquidity profile

Rediff.com2 days ago

The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.

Should polygamy be declared unconstitutional?: SC asks govt

Should polygamy be declared unconstitutional?: SC asks govt

Rediff.com1 days ago

The Supreme Court has sought the Centre's response on a petition challenging the constitutional validity of polygamy among Muslims, arguing it violates fundamental rights and creates legal asymmetry by exempting Muslim men from bigamy laws applicable to other citizens.

Mumbai cops register 13 FIRs in five days for staging protests without permission; 400 booked (Eds: Attaching photos)

Mumbai cops register 13 FIRs in five days for staging protests without permission; 400 booked (Eds: Attaching photos)

Rediff.com23 Jul 2026

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Baby Vihaan: Katrina Shares First Look

Baby Vihaan: Katrina Shares First Look

Rediff.com20 Jul 2026

Katrina Kaif celebrates her birthday with her 'most precious blessing'.